Largo has long-lasting lending relationships with its network of correspondent lenders that is comprised of life insurance companies, banks, agencies, and conduits. Our lenders provide Largo with limitless capital sources and enable us to provide our clients with a broad range of highly competitive multifamily financing options and loan products.
Non-recourse loans are typically better for borrowers because they are secured by your collateral – you’re not personally liable for the loan itself. This makes non-recourse multifamily loans especially attractive to the would-be investor. Typically, Largo Capital connects you with lenders that offer non-recourse loans.
Because we expose your loan to a multitude of different institutional investors who compete for your business, you’ll likely get a much more competitive rate than if you approached a single investor. Terms last for up to 30 years and our deals include refinancing, acquisition, reposition/bridge loans and construction financing.
Experience. Over $21 billion in commercial financing. Spanning 4 decades.
Value. We are the financial arm for our clients and help them grow their business while saving them money.
Specialized Focus. Our professionals specialize in providing financing for all multifamily asset types.
Results. We are honest and upfront with our clients, and when we say we will deliver…we will.
Property Types: Market Rate, Subsidized, Student, Military, Manufactured, Senior Housing
Deal Type: Refinance, Acquisition, Reposition/Bridge, Construction Financing
Transaction Size: $500,000 and Up (Portfolio Financing Available)
Term: Up to 30 years
Amortization: Up to 30 years
Guarantees: Typically Non-Recourse, Limited – Full, Performance based burn off
Leverage: Loan to Value (LTV) not to exceed 80%
Interest Rates: Fixed Rates, as low as 3.70%